A. File Artcles of incorporation for Iowa Corporation with the Secretary of State
After choosing which entity is right for you, your next step is to go to the Iowa Secretary of State's website and download the appropriate incorporation form that may be available. Or, if you don't want to do the work yourself, we can help you incorporate a business in Iowa. Click here for a free quote on our Iowa business incorporation services.
B. S Corporation Filings for Your New Iowa Corporation
1. Federal S-Corporation Election Form
If you have Clickandinc.com incorporate a business for you in Iowa, and you choose to be treated as an s-corporation for federal income tax purposes, we can draft that form for you (IRS form 2553). If you choose to draft it on your own, you can download it from the IRS website.
NOTE: You have 75 days from the date you incorporate a business in Iowa to file your form 2553 with the IRS. If you fail to file in that time period, you will not be granted s-corporation status for the year in which you incorporate.
2. Iowa S-Corporation Election form
Iowa does not require s-corporations to file a seperate s-corporation election form with the state.
C. Get Your Iowa Tax ID Number and Or Other State Required Documentation
Have your Federal Tax ID Number (EIN) handy; most states require it on their state tax ID number forms and other forms that you may need to complete after you incorporate a business in Iowa.
1. Iowa Tax ID Number
This form will provide you with a State Tax ID Number and determine your state tax obligations with the Department of Revenue and Finance. If you have questions about the form, contact your tax advisor or the Department of Revenue and Finance at 800-367-3388.
2. Biannual Reports
Your business entity will be required to file a biannual report every other calendar year with the Secretary of State.
The reports are due between January 1st and April 1st of the first even-numbered year following the calendar year in which your entity was formed.
The Secretary of State will send you official notice to your address on the Articles.
For more information, contact the Secretary of State’s office at 515-281-5204 or log on to www.sos.state.ia.us . You may file this biannual report on line.
Surely, the list above is not everything you will need to do once you incorporate a business in Iowa. You should always check with your accountant or attorney in order to make sure you are compliant with all state laws. Clickandinc.com is not a law firm and nothing on this page can be considered legal advice on which you can rely.
If you’d like Clickandinc.com to help you incorporate a business in Iowa, we’d love to help.
